Denmark invests $1.5bn in Greenland’s defence as Trump looms
The government has announced a multi-billion kroner investment in Greenland’s defence. Following speculation that U.S. president-elect Trump could make a renewed bid to assume control of the geo-politically important country, Defence Minister Troels…
MoreNew data cable damage
The Finnish authorities have seized an oil tanker suspected of being involved in the Christmas Day cutting of the Estlink 2 submarine cable, which carries electricity between Finland and Estonia. Four other data cables…
MoreEconomists question consumer pessimism
Despite positive wage and employment figures households have become increasingly concerned about the economy. The Consumer Confidence Index declined to -13.1 in December from -9.3 in the previous month, the lowest reading since…
MoreShoplifting at all-time high
It’s been a record year for ‘light fingered’ customers but a bad year for retailers who will lose more than DKK 2bn (€260m) to shoplifting this year, a new report from the National…
MoreFrom welfare to workfare
Parliament has passed a new law introducing a 37-hour work requirement for jobless welfare recipients, effective January 1st. The legislation targets unemployment benefits claimants and also those receiving integration assistance, including refugees and…
MoreTrump speculates about new bid for Greenland
Donald Trump has reignited discussions about American control over Greenland. In a social media post last night announcing the appointment of wealthy entrepreneur Ken Howery as the next U.S. ambassador to Denmark, the…
MoreNew U.S. Ambassador – a multi-millionaire Trump loyalist
Ken Howery, the next U.S. Ambassador to Denmark, is a ‘Trump loyalist’ ready to do whatever the upcoming president wants according to DR News’ U.S. correspondent Malthe Sommerand.He’s described as an extremely wealthy…
MoreMysterious Chinese ship leaves Danish waters
The Chinese ship that’s been anchored in the Kattegat waters north of Jutland for nearly a month has now begun moving away from the area. In a press release, Danish Defence Command confirmed…
MoreStock-market bloodbath for Novo Nordisk
Novo Nordisk saw its stock market value fall by DKK 687.6bn ($94.5bn) Friday after a weight loss drug trial fell short of expectations – shares plunged by 29 percent at one point before…
MoreSteady economic growth in Q3
The Danish economy grew less than initially estimated in the third quarter (Q3). The latest Statistics Denmark figures show Gross Domestic Product (GDP) advanced 0.9 percent in Q3, primarily driven by a significant…
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